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Posts published in “Bitcoin Acceptance”

A Dose of Reality? Bitcoin Has a Long Way to Go Before Becoming Mainstream, Says Brian Armstrong

Coinbase CEO Brian Armstrong has suggested bitcoin still needs time before it becomes a global currency. Armstrong shared this opinion, along with other thoughts regarding cryptocurrency, at the Player’s Technology Summit in San Francisco. Also read: Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News? Subscribe to the Bitsonline YouTube channel for great videos …

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DISH Network Joins BitPay, Starts Accepting Bitcoin Cash Payments

Crypto market caps recently hit an all-time low for 2018 — but it still seems cryptocurrency adoption is gaining steam. Indeed, industry leaders like Goldman Sachs and Intercontinental Exchange Inc. continue to push forward with the tech in one way or another. Now, pay TV provider DISH Network is joining them, announcing it has begun …

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Pantera Capital CEO Says Investors ‘Overreacting’ to Bitcoin ETF Delay

Pantera Capital

Dan Morehead, CEO of Pantera Capital, calls for calm in light of the delayed SEC decision on Bitcoin ETF. In a continuing saga between investors and the Securities and Exchange Commission (SEC), Dan Morehead calls for long-term thinking. This assurance comes amidst a tumultuous affair involving legislators, regulators, and investors alike. 10,000 Years? According to CNBC, Morehead says the following in regards to Tuesday’s SEC decision: I still think it will be quite a long time

The post Pantera Capital CEO Says Investors ‘Overreacting’ to Bitcoin ETF Delay appeared first on Bitcoinist.com.

‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank

‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank

While some major banks have refused to go near anything related to virtual currencies, Australia might see its first cryptocurrency bank in the not-too-distant future. That’s if one of the country’s leading entrepreneurs, Fred Schebesta, can make his goal a reality. According to News.com, the founder of the country’s leading comparison website, Finder, is not deterred by the industry’s volatility. In fact, Schebesta believes that interest in digital currencies is stronger than ever. He explained:

The post ‘Time Traveler’ Millionaire Wants to Open Australia’s First Cryptocurrency Bank appeared first on Bitcoinist.com.

‘Bitcoin May Be A Legal Form Of Payment,’ Says Brazil Presidential Candidate

Brazil

Brazilian New Party presidential candidate João Amoêdo revealed his thoughts and optimism on blockchain innovation and viability of Bitcoin as a legal method of payment.  Voting For A Financial Revolution This coming October, voters in Brazil will head to the polls to vote in the country’s general elections to decide the next President, Vice President, Congress, Governors, and other state officials. João Amoêdo, the candidate for the Partido NOVO, commonly known as The New Party, is running

The post ‘Bitcoin May Be A Legal Form Of Payment,’ Says Brazil Presidential Candidate appeared first on Bitcoinist.com.

Another Major Swiss Bank Begins Accepting Cryptocurrency Assets

Cryptocurrency Miners Help Keep Tiny Swiss Village Alive

Yet another major Swiss bank, Maerki Baumann Private Bank in Zurich, announced it will begin accepting cryptocurrency. Setting the Tone? In July 2017, Switzerland’s Falcon Private Bank announced that it will be storing and trading Bitcoin within its very own asset infrastructure, challenging the status quo as most banks in the country refuse to accept cryptocurrencies. Now, another major bank – Maerki Baumann Private Bank in Zurich, will be accepting digital currencies. The only condition is

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UBS: Bitcoin Can Replace Fiat Money When It Hits $213,000

What Led to this Casual Boost of More than 15% of Bitcoin’s Value?

Bitcoin will eventually replace the U.S. dollar and all other fiat currencies. When this will happen, nobody knows. However, a recent UBS study concludes that for Bitcoin to replace the U.S. currency, it has to reach a value of about $213,000 USD. Money and Traditional Banking Systems Are Obsolete Fiat money and traditional banking are a three-thousand-year-old concept and technology, which cannot efficiently support today’s economic model. Therefore, they have to be replaced by a

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Increasing Number of Nations Are Competing to Be the Most Bitcoin-Friendly

triathlon

Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals. Advancing Initiatives to Expedite the Growth of the Crypto Industry Tax havens and business paradises such as Bermuda, Gibraltar, Liechtenstein, and Malta are fiercely strategizing about how to attract crypto entrepreneurs. These countries and territories are passing or easing legislation to make their

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Bitcoin Can Buy Citizenship in Antigua and Barbuda

Individuals may now purchase citizenship in Antigua and Barbuda with bitcoin and other cryptocurrencies.  Buying Citizenship in Bitcoin The independent Commonwealth country comprising its two namesake islands has officially amended its Citizenship by Investment Programme Act. It now accepts payment in bitcoin and other cryptocurrencies. As reported by Antigua News Room, the resolution was passed in the Lower House on July 22 “without debate.” Citizenship through the Act may also be purchased in Euros and

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Research: UK Crypto Investors’ Lack of Knowledge is ‘Very Concerning’

Recent research from IW Capital found that 38 percent of the British population do not “understand” cryptocurrency. Furthermore, a mere 5 percent of those cryptocurrency investors polled have actually turned a profit — a fact the investment house’s CEO finds “very concerning.” A Fundamental Lack of Information or Knowledge British investors do not understand cryptocurrency, according to recent research from IW Capital. The Mayfair-based SME investment house shared the research with Express.co.uk. The report surmises

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